UK HMRC issued new guidance on 19 May 2026, Global Information Return (GIR) Filing and Exchange: Transitional approach. This follows the common understanding on Pillar 2 GloBE Information Return (GIR) filing that was announced by the OECD on 18 May 2026.
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Global Information Return (GIR) Filing and Exchange: Transitional approach
On 18 May 2026 the OECD published a paper setting out the approach that some of the jurisdictions that have implemented Pillar 2 for 2024 will take in respec…